Long Intel as it's on the verge of starting super-cycle wave III

30 mag

I expect Intel to break out of the ending diagonal (wave C of Y) and the beginning of wave III should start with huge volumes compared to what we've seen last months.

It is very much like with RRGB (you can find this idea in my profile) but on a larger scale in terms of waves degree. Today we've got a break-out there.

Option of wave 5 formation and price levels of its end

3 giu

Nota

16 giu

Nota

I switched to semi-log view as It more precisely shows leading diagonal. Everything else remains as before.